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Bob Iger's leadership at Disney transformed the company. He acquired major entertainment franchises like Marvel and Lucasfilm. Iger also launched the successful streaming service Disney+. His strategy focused on owning content and finding new distribution methods. He is now handing over the reins to Josh D'Amaro.
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News and Media
A storm unleashing up to 35 centimetres (14 inches) of rain in 24 hours battered the Iberian Peninsula on Wednesday, forcing thousands of people in southern Spain from their homes, shutting schools and cancelling trains. Andalusia's top emergency official, Antonio Sanz, told a press conference that the situation was "very worrying" in the nearby mountainous municipality of Grazalema, where AEMET predicted up to 35 centimetres of rain in 24 hours.
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News and Media
A significant 88% of individual taxpayers have opted for the new tax regime, with the government not planning a sunset clause for the old regime. The new regime offers lower tax rates and exemptions for those earning up to Rs 15 lakh annually. The Budget also proposes changes to MAT and STT to influence taxpayer behavior.
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News and Media
India and the US have reached a trade agreement, with the US reducing tariffs on Indian goods in exchange for India halting Russian oil purchases and lowering trade barriers. While details are scarce, India is unlikely to open its agricultural market to US corn and soybeans due to its ban on GM crops and protection of small farmers.
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News and Media
Nykaa is poised for a strong performance in the December quarter. Robust festive demand and sustained momentum in its Beauty and Personal Care segment are expected to drive significant profit growth. Brokerage estimates project a substantial surge in net profit and revenue. The company is set to announce its earnings on Thursday, February 5.
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News and Media